Remove Cost Of Remove Grid Remove Solar
article thumbnail

IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

Green Car Congress

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.

article thumbnail

Stanford study quantifies energetic costs of grid-scale energy storage over time; current batteries the worst performers; the need to improve cycle life by 3-10x

Green Car Congress

A plot of ESOI for 7 potential grid-scale energy storage technologies. Benson from Stanford University and Stanford’s Global Climate and Energy Project (GCEP) has quantified the energetic costs of 7 different grid-scale energy storage technologies over time. Credit: Barnhart and Benson, 2013. Click to enlarge.

article thumbnail

Japan team evaluates battery-assisted low-cost hydrogen production from solar energy

Green Car Congress

The results from this study suggested a cost of hydrogen as low as ¥17 to ¥27/Nm 3 (US$0.16 - $0.25) using a combination of technologies and the achievement of ambitious individual cost targets for batteries, PV, and electrolyzers. For comparison, the US DOE’s 2020 target for the levelized cost of hydrogen (production only) is $2.30/kg.

Low Cost 403
article thumbnail

Canadian startup launches INDIEGOGO funding campaign for low-cost electric self-charging solar tricycle produced in Pakistan

Green Car Congress

A Canadian startup has launched an INDIEGOGO funding campaign to support the development of the VEGAN electric self-charging solar tricycle. The VEGAN is a lightweight multipurpose hybrid electric-self-charging solar tricycle. Of that, the battery will deliver 90 to 95 km; with self-charging and solar, the range increases to 120 km +.

Pakistan 418
article thumbnail

New long-duration, extended capacity Na-Al battery design for grid storage

Green Car Congress

The new battery design could help ease integration of renewable energy into the electrical grid at lower cost, using Earth-abundant metals, according to a study just published in Energy Storage Materials. h is achieved with an estimated raw active materials cost of $7.02 mAh cm −2 , a discharge duration of 28.2

article thumbnail

EPRI Analysis estimates costs of fully developing US smart grid could reach $476B; benefits up to $2T

Green Car Congress

Total Smart Grid costs. The Electric Power Research Institute (EPRI) has released a broad assessment of the costs and benefits to modernize the US electricity system and deploy the smart grid. The analysis updates EPRI’s 2004 EPRI assessment, which estimated the cost of implementing a smart grid at $165 billion.

EPRI 239
article thumbnail

DOE to provide nearly $170M in funding to advance solar energy technologies

Green Car Congress

As part of the Department of Energy’s SunShot Initiative, the US Department of Energy (DOE) is making nearly $170 million for funding over three years available to support a range of solar photovoltaic (PV) technology areas. This could include projects focused on improved energy storage technologies and better system functionality.

Solar 294